just a note about Octaves and Harmonics. either you consider Price fluctuates within a Price Range of 0-1, 0-10, 0-100, 0-1.000 etc then Octave value is 0.125, 1,25, 12.5, 125 etc (and its sub-harmonics 62.5, 31.25, 15.625, 7.8125, 3.90625 etc or ...

Analysis and Trading based on Envelopes, Waves, Cycles

The 3 Wise Men Gann (1909) Hurst (1970) Murrey (1993)

Analysis and Trading based on Envelopes, Waves, Cycles

Thanks Ace Merry Xmas for you too Merry Xmas to all readers of this thread Special thanks and Merry Xmas to all posters. Special thanks and Merry Xmas to Terry, our Chief Software Developer on TradingView

Analysis and Trading based on Envelopes, Waves, Cycles

Santa Claus studying Murrey Maths between 2 trips

Analysis and Trading based on Envelopes, Waves, Cycles

others files need to be split to be under 5 MB to be posted here will be posted soon

Analysis and Trading based on Envelopes, Waves, Cycles

thanks Terry I just know my turf ! all that is now 30 years old. It was almost unreadable as such becaus e thecharts were on a "book" and the text on another. Observe the bad quality of the charts .

Analysis and Trading based on Envelopes, Waves, Cycles

file file file

Analysis and Trading based on Envelopes, Waves, Cycles

Xmas gift for all !

Analysis and Trading based on Envelopes, Waves, Cycles

Maths in "Murrey Maths" means just you master the multiplication and the division by 2

Analysis and Trading based on Envelopes, Waves, Cycles

now you see all the trouble that Gann has caused by hiding his knowledge and wisdom in stories and not just coming right out with it! 43.750 minus 25.000 is 18.750 43.750 is halfway between 4/8 (50.000) and 3/8 (37.500); and 18.750 is halfway ...

Analysis and Trading based on Envelopes, Waves, Cycles

here on Bonnie Hill's website url

Analysis and Trading based on Envelopes, Waves, Cycles

The present Octave value (Vibration) to which Bitcoin is the most sensible is 12.500 / 8 = 1.562.5 (and its sub-harmonics) See above Then you can dig deeper ! 1.562.5 / 8 = 195.3125 Rounded at 200 points you can evaluate your lower time units moves ...

Analysis and Trading based on Envelopes, Waves, Cycles

All that is very simple to understand and analyze using Gann / Murrey's concepts. I f we consider that Bitcoin , presently at 43.700, fluctuates within an operative Fractal of price 37.500 - 50.000 This Fractal of Price amplitude (width) is 12.500 ...

Analysis and Trading based on Envelopes, Waves, Cycles

The key to understand the present Bitcoin situation is that in Murrey's / Gann speak and analyzing tools Bitcoin is under its 50% Center of Gravity Line (50.000) which is the Main Resistance Line (the Strongest) in an Upward Move within the ...

Analysis and Trading based on Envelopes, Waves, Cycles

Because of the nebulous nature of a lot of these variables, one could spend months or years trying to derive a rigorous proof of just what the probability of reversal truly is. But this would probably be only of academic interest, as it is not ...

Analysis and Trading based on Envelopes, Waves, Cycles

By the way , I am not sure that T.H. Murrey the trading genius of Nashville has ever understood the difference between a "Natural Frame" and an "Harmonic Frame" !

Analysis and Trading based on Envelopes, Waves, Cycles

Harmonic Frame or Natural Frame If you read Murrey's book closely, you see that reversals are judged against 2 different frames. The first frame is the NATURAL OCTAVE, or basically a frame of $12.50 in size for stocks from 0-100. For Bitcoin the ...

Analysis and Trading based on Envelopes, Waves, Cycles

Excellent post Terry

Analysis and Trading based on Envelopes, Waves, Cycles

to simplify things FLD's can be used at their maximum power to forecast Target Prices preferably when the Underlying Trend is FLAT. Whicj means that Price Action is in Cycle Mode On the EXXON chart hereunderyou can observe that EXXON Price Action is ...

Analysis and Trading based on Envelopes, Waves, Cycles

IMHO No serious work has been made about FLD"s outside from David Hickson with his FLD Trading strategy. What is a FLD ? a FLD is the projection of present price in the Future of 1/2 Period of a cycle existing in the data series. EXXON Weekly chart ...

Analysis and Trading based on Envelopes, Waves, Cycles